Four NCAA basketball coaches charged with fraud and corruption by FBI

According to ESPN's Sports Business Reporter, Darren Rovell, four NCAA basketball coaches are being charged with fraud and corruption in connection with a kickback scandal involving a "major international sportswear company."

BREAKING: Government charging 10 people (4 college coaches & reps of "major international sportswear company") with fraud & corruption.

According to NBC's News Investigation Reporter, Tom Winter, the four coaches in the scandal are Lamont Evans of Oklahoma State, Auburn's Chuck Person, Emanuel Richardson of Arizona, and Tony Bland of USC.

BREAKING: Lamont Evans of Oklahoma State and Chuck Person of Auburn University are two of the coaches charged in corruption scheme.

The full details of the scandal haven't been released, but Rovelll says Gatto and "others" would pay high school recruits to go to Adidas schools, and would then sign them to Adidas once they left school.

Feds: adidas head of sports marketing Jim Gatto, with others, paid high school players to go to adidas schools, then sign with adidas later.